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Dividend.com: Barrick Not So Golden

Stock quotes in this article: CECO , ABX , JCP , LOW  

Barrick Gold Posts $468 Million Fourth-Quarter Loss on Impairment Charges

The world's largest gold producer, Barrick Gold(ABX Quote), said Friday that it lost $468 million in the fiscal fourth quarter, hurt by $773 million impairment charges.

The Toronto-based gold company said it lost 53 cents per share, compared with a profit of $537 million, or 61 cents per share, in the year-ago period. The latest quarter's results included 89 cents per share in impairment charges. ...

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